The SA Rugby Union (Saru) has resolved to investigate allegations that its CEO Rian Oberholzer stood to financially benefit in the R1.3bn bid to buy a stake of the organisation’s commercial rights, including those of back-to-back world champions, the Springboks, to US private equity firm Ackerley Sports Group (ASG).

The deal fell through in December after it failed to garner sufficient support from Saru’s unions who were hostile to the structure of the deal, which essentially handed control of the commercial rights to ASG...

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